Dow: What To Do After The Stock Plunges And The Dividend Is Cut 50%?

Core Points - On July 24, shares of Dow (NYSE: DOW) dropped approximately 17% following the announcement of earnings results and a 50% reduction in dividends [1] Group 1 - The company experienced a significant decline in stock price after announcing disappointing earnings [1] - A major factor contributing to the stock price drop was the decision to cut dividends by 50% [1] - The investment strategy discussed focuses on selectively buying stocks after major declines, particularly in dividend and value stocks [1]